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Grayscale Will Open Ethereum Trust to Individuals Soon

Xuefei Ju

Summary: According to Bloomberg, Grayscale Investments LLC will open the investment vehicle that holds the cryptocurrency Ether soon to mom-and-pop buyers after receiving secondary-market trading approval. Grayscale Ethereum Trust currently manages $12.5 million in assets. Each trust’s share will trade as ETHE, which equals about one-tenth of an Ether. Besides, there won’t be any trading volume available ...

According to Bloomberg, Grayscale Investments LLC will open the investment vehicle that holds the cryptocurrency Ether soon to mom-and-pop buyers after receiving secondary-market trading approval. Grayscale Ethereum Trust currently manages $12.5 million in assets. Each trust’s share will trade as ETHE, which equals about one-tenth of an Ether. Besides, there won’t be any trading volume available until the shares are DTC eligible.